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cover of the book Reasons to Pass: A Guide to Making Fewer and Better Investments

Ebook: Reasons to Pass: A Guide to Making Fewer and Better Investments

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01.03.2024
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Ralph Birchmeier argues that an optimal portfolio-building strategy means patiently waiting for the few investments worthy of capital allocation. He outlines the principles required for success then examines specific reasons to pass on investments, detailing behavioral biases that disrupt optimal decision making.

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